DCHF News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E704 From 09/23/21

The market's reaction to the FOMC statement was going according to our script, with the dollar backing off on a buy rumor sell the fact type of activity until Powell provided an end date for the tapering (mid-2022) before providing a start date (maybe next month). Emerging market curr...

Investors' mood did not improve over the weekend, and the lack of risk appetites is rippling through the capital markets today. Equities have tumbled, yields have backed off, and the dollar is well bid. Hong Kong and Australia led the sell-off in the Asia Pacific region, off 3.3% ...

The sixth decline of the S&P 500 in the past seven sessions set a negative tone for equity trading in the Asia Pacific region, and the poor Chinese data did not help matters. UK August consumer inflation rose more than expected, and this is pushing the market in the direction it w...

Europe's Dow Jones Stoxx 600 is snapping a three-day slide, while the US S&P 500 and Dow are poised to end their five-day drop and the Nasdaq, a three-day fall. In the foreign exchange markets, the Norwegian krone and Canadian dollar bid, while the sterling, the euro, and Swiss fr...

China's August CPI was softer than expected, while the PPI was higher than anticipated. The euro peaked after the US jobs data at the end of last week, poking above $1.19 for the first time since late July. The US dollar spiked from CAD1.2520 on Monday to CAD1.2760 yesterday. ...

The US dollar continues to pare its recent losses and is firm against most major currencies in what has the feel of a risk-off day. The dollar rose to JPY110.45 in early Asia, its highest level since August 13 and has reversed lower and look poised to test the JPY110 level where an op...

USD finished last week on a soft note but steadied at the start of the week, edging higher against nearly all major currencies. The Australian and New Zealand dollars were the weakest, off about 0.3%. The JP Morgan Emerging Market Currency Index snapped a six-day rally, its longest in...

The new month begins with risk appetites bolstered by stronger than expected PMI reports helping lift equity markets after the pause in the US yesterday. The flash EMU manufacturing PMI of 61.5 after 62.8 in July was close to the final reading of 61.4. The US dollar is trading ins...

There has been some follow-through activity after Fed Chair Powell's pre-weekend Jackson Hole comments. US futures indices are posting small gains. Gold poked through $1,823 briefly before succumbing to selling pressure. For further details see: Little Follow-Through Fro...

News of the deadly strike at the Kabul airport quashed risk appetites, sending equities lower and the dollar higher. European bonds are also trading higher, leaving yields soft. China's iron ore contracts finished the week with their fifth consecutive advance. For further de...